The RealReal Wins Over eBay Luxury Power Sellers by Delivering Faster Sales and No Hassles

The RealReal Wins Over eBay Luxury Power Sellers by Delivering Faster Sales
and No Hassles
PR Newswire
SAN FRANCISCO, March 31, 2014
SAN FRANCISCO, March 31, 2014 /PRNewswire/ --Luxury power sellers are moving
their resale businesses away from eBay and to The RealReal, the leader in
authenticated luxury consignment. The RealReal (TRR) has successfully built
the largest marketplace for fully authenticated luxury consignment in the U.S.
It is winning power sellers from eBay by removing the pain points of selling
on a do-it-yourself platform. The results are faster sales, quicker payouts,
and elimination of time-consuming logistics.
The RealReal Wins Over eBay Luxury Power Sellers by Delivering Faster Sales
and No Hassles.
eBay luxury power seller Michelle from All My Favorites and More, states,
"Since I moved my luxury business to The RealReal nine months ago I have seen
a 30% increase in sales over my eBay store. I no longer have to deal with
customer service, shipping product, returns, lost shipments, customer
complaints, etc… I get to focus on the fun part of reselling, buying awesome
stuff and getting paid for it!"
Julie Wainwright, CEO, The RealReal notes, "It is our mission to bring buyers
and sellers of consigned luxury goods together across all luxury categories in
an environment that ensures product authenticity, high volume, fast sales, and
superior service."
A Los Angeles area TRR seller comments, "I started selling on TRR last October
and saleshave steadily increased month over month. I willshift more
inventory to TRR given the positive results. I currently sell approx. $15,000
per month on TRR. I plan to increase sales to $25,000 per month and beyond. My
eBay sales have dropped dramatically (down 75%) since their peak in 2011."
The RealReal streamlines the sales process for small business sellers in 4 key
areas:
1.) Hassle-Free Operations
Sellers ship to The RealReal for free and its team handles insuring,
receiving,inventory management, billing, shipping & returns, as well as
ongoing customerservice.
2.) Expert Merchandising
Its experienced merchandising team authenticates the products,
professionallyphotographs each item, and merchandises through beautifully
curated sales.
3.) Fast Sell-through
On The RealReal 75% of items sell within 3 days to a marketplace of over 2M
members.
4.) More Money, Fast Payment
The RealReal collects the revenue, and the seller gets paid up to 70% of the
saleprice each month!
The RealReal has jumped far ahead of competitors within the luxury resale
market since its 2011 inception. It has landed in a sweet spot that weaves
together authenticated luxury consignment with superior service, savvy
merchandising, and ecommerce technology.
About The RealReal
The RealReal is the leader in authenticated luxury consignment and was founded
in 2011. We offer the largest marketplace of designer brands such as Chanel
and Louis Vuitton; fine watches and jewelry; and fine art. Our staff
ofauthenticators, horologists, licensed gemologists and art curators accept
tens of thousands of new products into our warehouses each month.We have won
favor with consignors and buyers as a next-generation luxury consignment site
by providing guaranteed authenticity of product and a superior consigning and
shopping experience. Sellers receive up to 70% of the sales price of their
items, buyers enjoy 90% off retail for superior quality luxury items.
www.therealreal.com/consign
Logo - http://photos.prnewswire.com/prnh/20140331/NY93399LOGO
SOURCE The RealReal
Website: http://www.therealreal.com/consign
Contact: Nancy Alonzo, Nancy.alonzo@therealreal.com, 415.290.8532